Michael Fingleton insists he ‘paid a personal price’

Former Irish Nationwide chief executive Michael Fingleton has insisted he “paid a personal price” for the impact of the economic crash, despite receiving a €1m bonus in 2007 and walking away in 2009 with a massive €27.6m pension pot.

Michael Fingleton insists he ‘paid a personal price’

The controversial Celtic Tiger figure made the claim as he insisted “80%” of what is written about him is “totally wrong”, that his building society never gave preferential treatment to “celebrity” customers and that the firm – which cost the State €5.4bn to bail out – was solvent and did not need to be saved.

Speaking at a hotly anticipated bank inquiry meeting, one of Ireland’s leading bankers before the economic crash said he has “paid and continues to pay” a “personal price” for what happened due to his high-profile during the boom.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited